Lender of last resort/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> An institution, that is prepared to lend money to any solvent bank that encounters a serious ''liquidity risk'', or a threatened bank ''run''. (The term...) |
imported>Nick Gardner No edit summary |
||
| Line 1: | Line 1: | ||
<noinclude>{{Subpages}}</noinclude> | <noinclude>{{Subpages}}</noinclude> | ||
An institution, that is prepared to lend money to any solvent bank that encounters a serious ''liquidity risk'', or a threatened bank ''run''. (The term is not applicable to financial assistance to avert ''insolvency''. | An institution, that is prepared to lend money to any solvent bank that encounters a serious ''liquidity risk'', or a threatened bank ''run''. (The term is not applicable to financial assistance to avert ''insolvency''). | ||
Revision as of 07:16, 20 October 2008
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.
Lender of last resort [r]: An institution, that is prepared to lend money to any solvent bank that encounters a serious liquidity risk, or a threatened bank run. (The term is not applicable to financial assistance to avert insolvency).